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Higher Bank Road, Fulwood, Preston PR2 - Image 1
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Higher Bank Road, Fulwood, Preston PR2

North West

£470,000
Listed on 17/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2691 sqft

Description

This unique property, originally serving as both the Vergers Cottage and Church Meeting Rooms, has been thoughtfully transformed into a spacious family residence. Located in the heart of Fulwood, the home is positioned on a generous double plot that may offer potential for further development, subject to planning consent. The ground floor features an expansive open-plan kitchen and dining area complete with a central island, creating an inviting space for cooking and gathering. Additional living spaces include a cozy dining room, a snug or study room ideal for remote work or relaxation, a utility room for practical storage solutions, and a convenient WC. An integral double garage not only provides secure parking but also offers direct access to the rear garden through double doors. Upstairs, the first floor hosts three well-sized bedrooms, including a principal suite with its own ensuite bathroom. A separate family bathroom caters to the other bedrooms. A unique feature of this property is the studio apartment accessible via stairs from the garage—a perfect opportunity for rental income or an independent living space. The second floor adds another bedroom with fitted wardrobes for ample storage. Outside, the front of the home offers roadside parking while the rear garden presents a peaceful retreat with its split-level design. The stone-paved terrace is perfect for outdoor entertaining and enjoying al fresco meals in privacy. Fulwood is recognized for its vibrant community atmosphere and variety of local amenities, including pubs and restaurants. Excellent transport links are available nearby with easy access to the M6 and M55 motorway networks. For leisure options, Fulwood Leisure Centre meets fitness needs, while Fulwood Park Wood provides scenic walking routes through charming meadows and quiet lanes. Educational facilities are strong in this area with primary schools such as Queens Drive Primary School and St Anthony’s Catholic Primary School nearby, along with Our Lady’s Catholic High School and Fulwood Academy for secondary education. Further educational opportunities can be found at Preston College and the University of Central Lancashire located just a couple of miles away in Preston city center. With its combination of size, location benefits, and potential for further enhancement or investment opportunities, this property represents an exciting prospect in Fulwood.

Investment Analysis

(PR2 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£175/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£603,860
10% above area average per sq ft
Potential ROI
+13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PR2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 19.4%
Investment Disclaimer: Analysis based on PR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Higher Bank Road, Fulwood, Preston PR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,722
Based on a loan of £352,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE